$695,000
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0.59 Acres Lot
SOLD DATE : 03/16/2023
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LC22219054
Sold Date 03/16/23
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1971
Lot Size 0.590 Acres
Lot Dimensions Assessor
Property Sub-Type Mixed Use
Property Description
Great Investment Opportunity with 8 rental units. The "Capri Cottages" is centrally located in down town Clearlake with partial ownership in Manakee Beach located directly across the street. The current owners have done a phenomenal job at maintaining the property and maximizing the income opportunity. This property produces a lucrative amount of income and would make a great investment for any buyer. There is still potential to grow this property with 3 unused RV hookups and space for several more units. All units have been updated recently.
Location
State CA
County Lake
Area Lcclw - Clearlake West
Rooms
Other Rooms Outbuilding, Shed(s), Storage
Interior
Interior Features Ceiling Fan(s), All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Appliance Electric Oven, Electric Range
Laundry None
Exterior
Pool None
Community Features Biking, Golf, Hiking, Lake, Mountainous, Near National Forest, Park, Rural
Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Waterfront Description Across the Road from Lake/Ocean,Beach Access
View Y/N Yes
View Hills, Lake, Mountain(s), Neighborhood
Roof Type Composition
Total Parking Spaces 8
Private Pool No
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
Water Public
Additional Building Outbuilding, Shed(s), Storage
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 039116050000
Energy Description 4848.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Trung Nguyen Country Air Properties